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Tech layoffs are spreading, and China’s tech giant is no exception. According to sources cited by South China Morning Post, Baidu is trimming staff across key divisions and reshaping parts of its AI organization as it seeks to streamline operations after a loss-making quarter. The report adds that...
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As China pushes to catch up with the U.S. in the AI race, local tech giants are answering the call with a steady stream of AI chip launches. Huawei has unveiled its Ascend AI chips, planning regular releases through 2028, while Baidu, at its World Conference on November 13, revealed it will roll out...
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According to South Korean outlet News1, Chinese tech giant Tencent has made it clear it has no intention of producing AI chips, stressing that it neither manufactures them now nor plans to in the future. This contrasts with other major Chinese tech firms, which have responded to U.S. restrictions on...
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According to Commercial Times, following the success of DeepSeek-R1 earlier this year, major Chinese tech companies have been actively advancing the development of open-source AI models, driving down the cost of using large models by 60% to 80%. Notably, on June 30, both Baidu and Huawei announced ...
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With China's AI companies on the rise, the global AI industry has entered a new Warring States era. As noted by ijiwei, following the emergence of DeepSeek, Alibaba’s Qwen platform has become as a top competitor to OpenAI, and it claims to match DeepSeek’s performance with minimal data. As Ch...